I mostly agree. Except the challenge of leaving old structures is that they can also deteriorate, get squatters, have fires, etc.There really should be a penalty clause in every demolition permit. Give them one year or so to start to build and after that a penalty at least equal to the property tax on the previous building and increasing after that.
Most of the places I have seen torn down and sit empty for years have been older houses, some historic and would have been quite nice if fixed up or maintained. Its a shame to see blocks of nothing for years and years in some parts of downtown when it is getting harder and harder to find housing.
abandoned and uninhabitable buildings definitely are a different story, but quite often that's not the case, like here for exampleI mostly agree. Except the challenge of leaving old structures is that they can also deteriorate, get squatters, have fires, etc.
So I don’t think “not demolishing” is always the solution. But I do think minimum standards should be enforced. Grass and a nice fence like aldritt does should be the bare minimum.
Agreed! If not then they will have essentially moved the problem lot from one side of the street to the other.If this gets built soon, this will be one of the most urban feeling areas/intersections of the City.
I wonder how residential leasing has gone for Mercury Block I? I imagine it's been quite strong based on what you're saying.My understanding is that this project is a priority. I don't think you'll see it sitting vacant for long.
I’ll be visiting shortly and will try to get a sense from the leasing manager.I wonder how residential leasing has gone for Mercury Block I? I imagine it's been quite strong based on what you're saying.
I’ll be visiting shortly and will try to get a sense from the leasing manager.
But based on how the Autograph team spoke at the Oliverbahn tour, this project is full steam ahead in 2024.
Bigger question is the timeline on the Shift towers. This one likely bumped ahead of those. They see the west Oliver momentum and are capitalizing.